Faculty of Management & Commerce, Ramaiah University of Applied Sciences, Bengaluru

Overview

The Faculty of Management & Commerce, Ramaiah University of Applied Sciences, Bengaluru, is the # 46th ranked Private Business School in India according to the latest IIRF Ranking List. It has two Departments: Management and Commerce, with four UG and PG degree programs. The Department of Management offers eight MBA specializations, including Marketing, Human Resources, Operations, and Finance. The approved intake across all programs exceeds 800 students, with 31 full time Faculty members across the two Departments. According to the Knowledge Review Magazine, the Faculty was recognized as India’s Best Performing Business School 2023-24, cementing its place as one of the best MBA colleges in India.

The Career Cell of MSRUAS ensures robust placements for Management and Commerce students of MSRUAS. Some prominent recruiters include Amazon, Coca Cola, Aditya Birla Retail, Muthoot Fincorp, and Kotak Life Insurance. Students of all specializations are able to find roles related to their field of study, including Credit Managers, Relationship Managers, HR Learning Executives, Marketing & Sales Associates, and Management Trainees.

The Faculty is also home to groundbreaking original research. For example, it has the Innovation and Entrepreneurship Development Research Centre (IEDRC), which assists entrepreneurs with market research, product development, and makes recommendations to improve the startup ecosystem in India. The students of the Departments of Management and Commerce have achieved several national and international awards in extracurricular activities, in addition to management and cultural festivals. The classroom facilities are modern, and leverage the power of the latest technologies to make sure that students are at the cutting edge of new developments in their field. Frequent guest lectures and workshops by alumni and business leaders inspire students to excel.

Highlights

Fees

The tuition fees for the different degree programs offered by the Faculty of Management & Commerce, Ramaiah University of Applied Sciences, Bengaluru, are as follows:

• B.Com. (Honors): INR 5.25 Lakh (INR 1.75 Lakh in the first year).
• BBA: INR 4.5 Lakh (INR 1.5 Lakh in Year 1).
• MBA: INR 8 Lakh (INR 4 LPA).

This amount covers academic costs, development fees, examination and registration fees. NRI and PIO students pay similar fees, converted into USD.

The main component of living costs is the hostel fee; students are accommodated in two seater rooms, and must pay a one time caution security deposit (refundable; INR 15,000) in addition to the yearly hostel fee of INR 50,000, which breaks down as follows:

• Room rent: INR 24,000 per year.
• Electricity: INR 5,000.
• Housekeeping: INR 5,000.
• Other maintenance costs: INR 16,000.

This amount does not include food, shopping, or academic infrastructure costs. The semester fee must be paid at the beginning of each academic session; a delay of more than 30 days will lead to cancellation of hostel allocation.

Admissions

The eligibility criteria for different degree programs offered by the Faculty of Management & Commerce, Ramaiah University of Applied Sciences, Bengaluru, are as follows:

• MBA: Applicants must have an aggregate of 50% or above, from an undergraduate degree program of at least three years’ duration, from a recognized University anywhere in the world. The aggregate requirement is relaxed for SC/ST students. Up to 15% of seats can be reserved for foreign students, who must submit a TOEFL score of at least 8.0.
• B.Com. (Honors): Applicants must have passed a Standard XII examination from any recognized Board of Higher Secondary Education in India or abroad. There is no minimum percentage requirement. However, either Accountancy or Mathematics must be one of the subjects at 10+2 level.
• BBA: Applicants must have passed a 10+2 Higher Secondary examination from any recognized Institution anywhere in the world.
• M.Com.: Applicants must have an aggregate of 50% or above, from an undergraduate degree program of at least three years’ duration, from a recognized University anywhere in the world. The aggregate requirement is relaxed for SC/ST students. There is no requirement that the student must have studied Commerce during his/her UG studies; arts, science, and engineering graduates are also welcome to apply.

The application procedures for different degree programs are as follows:

• MBA: Eligible candidates must attempt the Karnataka PGCET entrance examination. After receiving a valid rank in this entrance test, they must fill the Ramaiah University MBA application form (in online or offline mode). After payment of the first year’s tuition fee and submission of original documents for verification, the admission process is completed and they can start attending classes.
• B.Com. (Honors): First, eligible candidates must fill the online application form and submit all the required documents (primarily academic transcripts and certificates). After paying the registration fee and presenting their original documents for verification, they can pay the tuition fee and confirm their admission.
• BBA and M.Com.: The steps are similar to those for B.Com. aspirants; however, Mathematics or Accountancy is not a required subject.

Placements

Some prominent recruiters (for both final placements and internships) at the Faculty of Management & Commerce, Ramaiah University of Applied Sciences, Bengaluru, include Kotak Life Insurance, Aditya Birla Retail, Muthoot Fincorp, Amazon, Coca Cola, and K12 Techno Service. Most of these companies recruited multiple students through one day campus placement drives. The drives were usually organized between November and February.

Some of the typical roles for which management and commerce freshers were recruited from the MSRUAS campus included management roles in the different major industrial sectors:

• Financial Services: Credit Manager, Branch Manager, Relationship Manager.
• Operations: Retail Store Manager, Guest Relations Executive, Senior Compliance Associate.
• Marketing & Sales: Marketing Executive, Management Trainee (Sales).
• Other: Human Resources & Learning Manager, Management Trainee.

Cut-Offs

There are various cut-offs for different degree programs at the Faculty of Management & Commerce, Ramaiah University of Applied Sciences, Bengaluru:

• MBA and M.Com.: Minimum aggregate (across all semesters) during undergraduate studies of 50%, or 45% for Reserved Category candidates.
• MBA: Valid rank in the Karnataka PGCET examination. No minimum rank is specified.

There are no other cut-offs for other programs; the final merit list for all courses is determined after all applications have been submitted. The final effective cut-off for MBA aspirants is the PGCET score / rank of the last student who is offered admission and accepts.

Faculty & Alumni

There are 31 total Faculty Members in the Faculty of Management & Commerce, Ramaiah University of Applied Sciences, Bengaluru. 27 of these are affiliated with the Department of Management, of which 6 are full Professors, 4 are Associate Professors, and the rest are Assistant Professors. The Department of Commerce has one Professor and three Assistant Professors. The most experienced faculty members have up to 4 decades of industry and teaching experience, in addition to doctoral degrees.

Several structures help alumni of the Faculty to stay in touch with MSRUAS, including the Alumni Network app, which has announcements and networking opportunities. There are regular open houses, workshops, and career events on campus organized by and for alumni. Finally, the website also hosts a job board for recent graduates, and current students can use it to find internships and live projects in the short term, and placement opportunities in the long term.

Scholarships

There are several scholarship options open to students of the Faculty of Management & Commerce, Ramaiah University of Applied Sciences, Bengaluru:

1. Merit Scholarship for B.Com. and BBA students: This is awarded by the University, and has two tiers. For students with a Standard XII aggregate above 90% (or a 10+2 GPA above 9.5), the scholarship is worth INR 30,000 per year. For students with an aggregate between 80% and 90% (or a GPA between 9 and 9.5), the scholarship is worth INR 20,000 per year.

2. Merit Scholarship for MBA students: This is also awarded by Ramaiah University, and is based on two criteria: aggregate in Board Examinations + undergraduate percentage, and entrance test percentile:

• INR 50,000 is awarded to applicants with a CAT / XAT percentile above 80, and First Division marks throughout (X, XII, UG).
• INR 40,000 is awarded to applicants with a CAT / XAT percentile between 70 and 80, and First Division marks throughout.
• INR 30,000 is awarded to applicants with a CAT / XAT percentile between 60 and 70, and First Division marks throughout.

3. Other University Scholarships: These are awarded based on diversity criteria, inclusion, and achievements:

• INR 30,000 for students from the Northeastern states, and INR 25,000 for Tibetan students.
• INR 40,000 for national level sportspersons, and INR 30,000 for state level players.
• INR 30,000 for differently abled students, and INR 40,000 for orphans.
• INR 30,000 for children of Ramaiah University alumni, or any allied institution under the same umbrella.

4. Private Scholarships: These are awarded by various trusts e.g. the Sitaram Jindal Foundation Scholarships. Students can apply for these in addition to Institute and Government scholarships.

5. Government Scholarships: Eligible students can avail of financial aid via Central or State Government Schemes, in addition to Government body scholarships like the AICTE.

Preparation & FAQs

The main component of success in the Ramaiah admission process is the Karnataka PGCET entrance test. Applicants should devote 2-3 months after the completion of their undergraduate degree to prepare for the four sections of the PGCET entrance test, with special attention to Verbal, Quantitative, and Logical Reasoning. At least 5 mock tests and sample papers should be attempted, with additional preparation devoted to working out practice questions from CAT or XAT test papers, especially in topics in which the student has scored relatively low marks in the mock test series.

Frequently Asked Questions (FAQs)

Q. Which is the top MBA college in Bengaluru?

The Faculty of Management & Commerce, Ramaiah University of Applied Sciences, Bengaluru, is one of the best Business Schools in Karnataka, ranked just outside the top 50 Private B-Schools in India in the latest IIRF list of top MBA colleges in India.

Q. What is the deadline for submission of applications to the Faculty of Management & Commerce, Ramaiah University of Applied Sciences, Bengaluru?

Most undergraduate programs in the Faculty close the admission process in August every year, while postgraduate programs have an application deadline in late September.

Q. Which are the specializations available for MBA students of the Faculty of Management & Commerce, Ramaiah University of Applied Sciences, Bengaluru?

The Faculty offers eight MBA specializations: Marketing, Human Resources, Operations, Finance, Smart Business & Entrepreneurship, Business Analytics, Banking & Financial Services, Hospitality, and Pharma Business Management.

Q. What is the expected exam date of the Karnataka PGCET in 2024?

The Karnataka PGCET examination is expected to be held in September 2024, with the application process to the MBA program in Ramaiah University (one of the best MBA colleges in India) to be completed in early October 2024.